Hasbro (NASDAQ:HAS) has outperformed the market over the past 20 years by 2.41% on an annualized basis producing an average annual return of 9.78%. Currently, Hasbro has a market capitalization of $9.35 billion.
Gerstner announced that he bought Apple stock ahead of the 2024 Worldwide Developers Conference (WWDC). Given Apple's positioning in the premium consumer space and OpenAI's first mover advantage, he's bullish on what could come from the newly announced partnership.